Wednesday, September 3, 2014

Bloomberg News: Arab Bank Said at Trial to Have Sent $4 Million to Hamas

Arab Bank Said at Trial to Have Sent $4 Million to Hamas

By Christie SmytheAug 29, 2014 12:01 AM ET

Arab Bank Plc maintained accounts for senior Hamas leaders, including
former spiritual leader Sheikh Ahmed Yassin, a former Israeli military
official testified in a U.S. trial over claims the bank helped finance
suicide bombings carried out by the Palestinian militant group.
Arieh
Spitzen, the former head of the Israeli military’s Department of
Palestinian Affairs, told jurors yesterday in federal court in Brooklyn, New York,
that the bank transferred about $4 million from 2000 to 2001 to as many
as two dozen Hamas leaders and operatives through its New York branch.

The Jordanian bank, based in Amman and the country’s largest, is accused of facilitating 24 attacks in or near Israel
from 2001 to 2004. The bank has argued it “had no intention of
providing support to Hamas or any other known terrorist organization”
and that it engaged in appropriate practices for screening transactions.
Spitzen said that some of the Hamas leaders with accounts at the bank
were “well known people” who “appeared in dozens of media outlets.” An
account number for Yassin, who was killed in 2004, was also publicized
by the media, he said.
The former military official testified as
an expert on behalf of the plaintiffs, about 300 U.S. citizens who were
victims of the attacks or were their relatives. Spitzen said the
evidence of Arab Bank account holders he was able to review was limited
because the bank refused to hand over much of the data.
The bank has argued that it couldn’t supply more comprehensive information without violating criminal laws of Jordan,
Lebanon and the Palestinian territories. A federal judge ruled that
jurors can be told to infer from the bank’s failure to produce the
information that it intentionally provided services to terrorist groups,
giving plaintiffs a potential advantage in the trial.